Warner Music Group (NYSE: WMG) is one of the world's largest recorded music and music publishing companies. Founded in 1958 as Warner Bros. Records, Warner Music Group today operates in over 70 countries worldwide.
Warner Music Group operates several major record labels including:
Atlantic Records
Warner Records
Elektra Music Group
Parlophone
Warner Music Nashville
The company's music publishing division, Warner Chappell Music, represents a catalog of over 1 million copyrights across multiple genres. Warner Music Group also operates artist services businesses like merchandise and ecommerce through its WMX division.
In recent years, Warner Music Group has focused on expanding its global presence, particularly in emerging markets. The company has made acquisitions in regions like the Middle East and Africa to grow its footprint. Warner has also invested in new technologies and digital platforms to drive streaming growth and connect artists with fans. In fiscal year 2023, Warner Music Group reported total revenues of USD 6.04 billion, with streaming making up a significant portion of recorded music revenue.
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